Autor: Tobias Langenberg
ISBN-13: 9783540281122
Veröffentl: 20.10.2005
Einband: Book
Seiten: 122
Gewicht: 224 g
Format: 239x154x12 mm
Sprache: Englisch

Standardization and Expectations

562, Lecture Notes in Economics and Mathematical Systems
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The Economics of Standardization: Basic Concepts.- Standardization of Educational Signals and Job Matching.- Inter-Technology versus Intra-Technology Competition in Network Markets.- Standardization of Nascent Technologies: The Tradeoff between Early Standardization and Experimentation.- Summary of Findings.
Over the last decades, technological progress has brought about a multitude of standardization problems. For instance, compatibility standards ensure the interoperability of goods, which is of decisive importance when users face positive externalities in consumption. Consumers' expectations are key to the problem of whether a new technology will prevail as de-facto standard or not. Early adopters must be confident that the network good will be successful. Thus, it may be worthwhile for firms to influence consumers' expectations. Consisting of three models on various aspects of standardization and expectations, this book aims at deepening our understanding of how standards and expectations interact. The models are applied to problems such as "Inter-Technology vs. Intra-Technology Competition" and "Standardization of Nascent Technologies".

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Autor: Tobias Langenberg
ISBN-13:: 9783540281122
ISBN: 3540281126
Erscheinungsjahr: 20.10.2005
Verlag: Springer-Verlag GmbH
Gewicht: 224g
Seiten: 122
Sprache: Englisch
Auflage 2006. 2006
Sonstiges: Taschenbuch, 239x154x12 mm, Bibliographie